RUNE rallies 15% as THORChain restarts most swaps after halt

THORChain’s RUNE token rose about 15% over the past 24 hours as the cross-chain swap protocol restored trading on most networks following a weekend halt triggered by an Ethereum block reorganization.

THORChain (RUNE) was trading at around $0.64 on Wednesday, up approximately 15% over the previous day, according to CoinMarketCap.

THORChain’s network status page showed trading and transaction signing marked “OK” on 10 of its 13 listed external networks. BNB Smart Chain, Cosmos Hub and Solana continued to show warnings for both functions.

Bitcoin, Ethereum, Bitcoin Cash, Dogecoin, Litecoin, Tron and Zcash were among the networks showing trading was re-enabled. Avalanche, Base and XRP were already operating when Cointelegraph reported on the halt on Monday.